The Regulator Report lists recent changes, decisions and developments at the main New Zealand and Australian corporate, commercial and competition regulatory bodies and updates progress of legislation in New Zealand. This edition of the Regulator Report covers the period from 28 July 2009 to 18 August 2009.

The Treasury

New Zealand's 2020 emission target: Treasury advice
International negotiations on a climate change agreement to follow the Kyoto Protocol are due to conclude in Copenhagen in December 2009. One of the critical decisions to be made by the government in this context is New Zealand's 2020 emission reduction target. On 10 August 2009 Climate Change Ministers Nick Smith and Tim Groser announced an emissions reduction target range of 10% to 20% below 1990 levels by 2020. The Treasury has released documents comprising its advice to the Minister of Finance relating to this decision.
Click here for more

New overseas investment office fees set
The Overseas Investment Office's fees to assess applications are to increase from 3 September 2009, under the Overseas Investment Amendment Regulations (No.2) 2009. The fee increases will apply to:

• applications relating to investments in sensitive land and significant business assets;
• applications for exemptions; and
• the provision of information or services.

The fee for an application relating to overseas investments in fishing quota remains unchanged.
A new fee schedule is available on the LINZ website.
Click here for further details

Government Statement on Regulation: Better regulation, less regulation
A new Government Statement on Regulation was issued on 17 August 2009 to lift the quality of regulation in New Zealand. The commitments in the Government Statement on Regulation provide a response to the Job Summit's recommendation that the government delay introducing any new regulation that imposes additional substantive costs on business during the next 12 months. They are namely that the government:

• will only introduce new regulation when it is satisfied that it is required, reasonable, and robust;
• will review existing regulation in order to identify and remove requirements that are unnecessary, ineffective or excessively costly,

To assist the government meet its commitments, stakeholders will be able to provide feedback on the MED's Business Consultation website: www.businessconsultation.govt.nz. MED, in consultation with the Treasury, will provide quarterly reports to the Ministers of Finance and Regulatory Reform on the issues raised by stakeholders, and how the relevant departments have responded.
Click here for further details

The Reserve Bank of New Zealand

First exemption notice for deposit takers
The Deposit Takers (Credit Ratings Minimum Threshold) Exemption Notice 2009 came into force on 7 August 2009 and exempts certain deposit takers from having a mandatory credit rating, under Part 5D of the Reserve Bank of New Zealand Act 1989. This exemption is available if the consolidated liabilities of the deposit taker are less than $20 million (measured as an average over a 12-month period). The exemption notice outlines certain conditions that a deposit taker must comply with in order to benefit from this class exemption.

Ministry of Economic Development (MED)

Electricity market review released
The preliminary recommendations of the Ministerial Review of Electricity Market Performance were released for public consultation on 12 August 2009. The review was conducted by the Technical Advisory Group appointed by the government in April 2009 with assistance by MED officials. The review team was asked to assess the performance of the electricity market, institutions and governance to date; identify problem areas; assess to the degree possible the costs and benefits of different reform options; and make recommendations to improve electricity market performance.

The review team's recommendations include:

• making governance improvements with the Electricity Commission being replaced with an Electricity Market Authority;
• allowing line companies back into retailing;
• providing for compensation payments to consumers if they face conservation campaigns; and
• reallocating assets among state-owned enterprise generator-retailers to increase competition in wholesale and retail markets.

Submissions on the discussion document close on 16 September 2009 and the government expects to make final decisions on the reform of the electricity sector by the end of the year. It is expected that legislation will be required to implement final recommendations.
Click here for the full media release
Click here to read the report. Note that the report comes in two volumes: "Improving Electricity Market Performance: Volume One - Discussion document" and "Improving Electricity Market Performance: Volume Two – Appendices".
Click here for further details

Capital Market Development Taskforce identifies big issues ahead
The Capital Market Development Taskforce has released a further progress report identifying, among other things, a number of major issues facing New Zealand's capital markets. The report outlines the framework the taskforce adopted to analyse the capital markets, the intended shape of its final report and its views of the major issues facing New Zealand's capital markets. The progress report signals that the taskforce is on track to provide its final report by the end of the year.
Click here for the full press release
Click here to read the CMD Taskforce's July 2009 Progress Report
Click here to read Bell Gully commentary on the report

Digital futures - planning for digital television and new uses
The MED and Ministry for Culture and Heritage have released a discussion paper to invite industry consultation on proposed changes to the VHF and UHF radio spectrum bands and on options for the transition of regional television to digital transmission. These matters are part of the upcoming switch-over of television broadcasting to digital-only transmission. Submissions close on 30 September 2009.
Click here for further details

Companies Office

Introducing the Companies Office blog
The Companies Office has launched a blog at http://blog.companies.govt.nz to provide a platform for clients to share information, advice and contribute to the development of new services.

Ministry for the Environment

Minister welcomes Resource Management Bill report-back
The Local Government and Environment Select Committee reported back to Parliament on the Resource Management (Simplifying and Streamlining) Amendment Bill on 18 August 2009. The select committee endorsed the major reforms proposed by the bill, but has recommended that some further refinements be made in response to public submissions. Recommended changes to the bill include:

• not proceeding with the removal of the non-complying activity class as the transitional costs exceeded the benefits;
• not limiting the rights of appeal on plans on the basis that the legal test for appeals would have been difficult to interpret;
• strengthening the provisions to ensure the timely and efficient processing of resource consents;
• deferring the changes around requiring authority decision making to the broader Phase II process;
• limiting rather than removing further rounds of submissions on plan changes to ensure property rights are recognised; and
• strengthening the process for national consenting and national environmental standards.

Environment Minister Nick Smith welcomed the report saying the committee's recommendations "will cut through costly red tape without compromising environmental protections".
Click here for a copy of the select committee's report
Click here for the full press release
Click here for Bell Gully commentary on the report

Electricity Commission

About the New Zealand electricity sector
The Electricity Commission has released the publication "About the New Zealand Electricity Sector" for readership both within and outside the industry. The publication provides a plain English overview of the sector including the physical components, how the system works, the main participants and a brief description of the agencies with key roles in the sector. The background provided in About the New Zealand Electricity Sector is supported by up-to-date facts and figures, which the Commission will review and update on an annual basis or as required.
Click here for more

Managing electricity load
The Electricity Commission has released a discussion paper that outlines the provisional findings and conclusions from the Property Rights for Load Management Project, initiated by the Commission in April 2009. Submissions close 4 September 2009.
Click here for more

The New Zealand Exchange (NZX)

NZX rule consultation for new clearing and settlement systems and infrastructure
Over the last 18 months, NZX has been working on implementing new clearing and settlement systems and infrastructure for its core trading markets and in anticipation of the introduction of a new derivatives market, namely, when the Settlement Systems, Futures and Emissions Units Bill is enacted. To become operational, and also to become a designated settlement system under the Reserve Bank of New Zealand Act 1989, among other things, the settlement system is required to have rules which govern the basis on which settlement instructions are given or received, settlement obligations are determined, calculated and effected, as well as rules which govern the action of those responsible for these functions. The Clearing and Settlement Rules, the New Zealand Depository Limited Operating Rules and (in part) the New Zealand Markets and Disciplinary Rules will constitute the rules of the designated settlement system. These will be approved in the course of the designation process. Changes are also required to the NZX Participant Rules, NZSX/ NZDX and NZAX Listing Rules to reflect the new clearing and settlement arrangements.

NZX has now released five Consultation Memoranda on the new clearing and settlement system. One provides an overview of the new settlement system and the relevant rules governing the entities interacting with NZX's markets and the inter-relationship between those rules. The other Consultation Memoranda provide a more detailed description of two new rule sets relating to the clearing and settlement system, the Clearing and Settlement Rules and Procedures and the Depository Operating Rules and Procedures, and amendments required to the existing NZSX/ NZDX & NZAX Listing Rules and NZX Participant Rules. NZX has also released the relevant rules and procedures to which the memoranda relate. Submissions on the memoranda and rules close on 2 September 2009
Click here to access the memoranda and rules

Securities Commission

International financial crisis group makes recommendations
The Financial Crisis Advisory Group, of which the New Zealand Securities Commission Chairman Jane Diplock is a member, has published its recommendations on financial reporting and standards setting. The report sets out four principles for standards setting: effective financial reporting, limitations of financial reporting, convergence of accounting standards and standards-setter independence and accountability.
Click here for more

Review of financial reporting by issuers Cycle 9
The Securities Commission has completed Cycle 9 of its Financial Reporting Surveillance Programme. It reviewed the annual reports of 24 issuers, with balance dates from 30 June 2008 to 31 December 2008. The report notes that although the overall quality of financial reporting by issuers in Cycle 9 was generally good in many areas, the Commission continued to find inadequacies in matters that were previously alerted to issuers in its news releases and in previous public reports.

The Commission notes that it remains of the view that the priority for issuers, auditors, standard-setters and other market professionals in the current economic environment is to ensure that complete and transparent disclosures are provided in the financial statements of issuers to restore investor and market confidence in the securities market. This requires, where necessary, the inclusion of explanatory disclosures to support the financial information that is presented.

The Commission also notes that New Zealand issuers should pay particular attention to improving their disclosures in relation to financial instruments, related parties, impairment testing as well as management judgements and estimates. Issuers should also carefully consider what information in addition to the minimum requirements should be disclosed in their interim financial statements.
Click here to read the full report on Cycle 9

Proportionate property ownership schemes - understand the risks and what you could owe
As part of its "Articles on investing" series the Securities Commission has published an article for investors on the nature of and risks associated with investing in proportionate property ownership schemes.
Click here to read the article

2009 Annual Report
The Securities Commission has released its 2009 Annual Report.
Click here to read the report

The Bulletin: July 2009
The Securities Commission has released the July issue of its quarterly publication "The Bulletin". This issue includes articles on:

• Proportionate property ownership schemes;
• The Commissioner for Financial Advisers;
• Proposals for regulating financial advisers;
• The Financial Reporting Surveillance Programme - Cycle 9; and
• The Commission's response to ING investors over the purchase offer made in relation to the Diversified Yield and Regular Income funds.

Click here to read the report

SECURITIES ACT EXEMPTION NOTICE

The following Securities Act Exemption Notice has been published for this period:

Securities Act (Equity Partners Infrastructure Company No. 1 Limited) Exemption Notice 2009
This notice, which came into force on 14 August and expires on 31 December 2009, applies to an offer of ordinary shares in Equity Partners Infrastructure Company No. 1 Limited (EPIC). It exempts EPIC, subject to conditions, from regulation 23 of the Securities Regulations 1983. The effect of the exemption is to allow EPIC to include in its offer documents a statement (approved by NZX) relating to the listing of the shares on a securities market operated by NZX. Potential investors will be made aware of the existence of a covenant that requires the approval of a third party before EPIC can apply for listing, and the reasons for this covenant.

SECURITIES MARKETS ACT EXEMPTION NOTICE

The Securities Commission has issued the following notice under the Securities Markets Act 1988:

Securities Markets Act (New Zealand Post Limited Bonus Bonds) Exemptions Notice 2009
This notice came into force on 31 July 2009 and expires on the day after the date on which Part 4 of the Securities Markets Act 1988 is repealed (which is due to occur by Order in Council to be made under the Financial Advisers Act 2008 when that Act replaces Part 4). This notice exempts franchisees of New Zealand Post Limited (NZ Post), and employees of NZ Post and its franchisees, subject to conditions, from certain investment broker disclosure requirements of the Securities Markets Act 1988 in respect of payment for units in The Bonus Bonds Trust.

Takeovers Panel

TAKEOVERS CODE EXEMPTION NOTICE

The following Takeovers Code Exemption Notice has been published for this period:

Takeovers Code (Life Pharmacy Limited) Exemption Notice 2009
This notice applies to acts or omissions occurring on or after 31 July 2009 and expires on 31 January 2010. The Takeovers Panel has granted exemptions for:

• Cape Healthcare Limited from rule 7(d) of the Takeovers Code to the extent that rule 7(d) requires the notice of meeting to comply with rule 16(b)(ii) to (iv) of the Code in respect of any allotment of voting securities in Life Pharmacy Limited (LPL) to Cape Healthcare under the scrip offer to be made by LPL for Pharmacybrands Limited;
• LPL from rule 16(b)(ii) to (iv) of the Code in respect of the notice of meeting.

Australian Government

Aspects of Market Integrity report released
The Corporations and Markets Advisory Committee has released its report Aspects of market integrity (June 2009).The report responds to a request for advice on a number of practices that have the potential to damage the integrity of the market and investor confidence, including:

• directors' interests in the securities of listed companies and margin lending;
• ‘blackout' trading by company directors;
• spreading of false and misleading information; and
• disclosure of information in the briefing of analysts.

The report notes that, while concerns about the practices may be heightened at a time when the market is under pressure and confidence has been shaken, they raise issues of continuing relevance.
Click here for the full press release and to download the report

Australian Stock Exchange (ASX)

First Review of Corporate Governance Reporting under Revised Principles and Recommendations
ASX Markets Supervision has conducted the first review of corporate governance reporting under the Revised Principles and Recommendations for listed entities with a 31 December balance date. The Revised Principles and Recommendations were released in August 2007.
Click here to access the full report

Australian Securities and Investment Commission (ASIC)

PJC Inquiry into Financial Products and Services in Australia
The ASIC has released its submissions to the Parliamentary Joint Committee on Corporations and Financial Services to assist it with its Inquiry into Financial Products and Services in Australia.
Click here to read ASIC's submissions

ASIC expands relief for hardship withdrawals from frozen mortgage funds
ASIC has made changes to the existing hardship relief provisions relating to withdrawals from frozen mortgage funds. These changes expand the circumstances in which operators are able to make payments to fund members who demonstrate the need to access funds on hardship grounds. The changes include:

• the cap on hardship withdrawals for each member is raised to $100,000 each calendar year, from $20,000 plus 50 per cent of the member's interest;
• an investor can make up to four hardship withdrawals a calendar year, instead of a once-only withdrawal (subject to the overall cap of $100,000); and
• hardship grounds are extended:
• to cover a beneficiary of a deceased estate of a member where the beneficiary is suffering hardship; and
• to make it clear a person unemployed for at least three months without other means may apply for hardship relief.

Click here for the full press release

New Zealand Commerce Commission (NZCC)

MEDIA RELEASES

The NZCC has issued the following media releases:

Industry regulation and regulatory control

• Commerce Commission begins consultation on information disclosure regime
  The NZCC has released a discussion document which forms the first step in a consultation process to develop information disclosure requirements for the suppliers of regulated electricity lines, gas pipelines and specified airport services.
  Click here for more

• Commerce Commission confirms dates for input methodologies conference
  The NZCC's input methodologies conference will be held in Wellington, 15-18 September 2009, to enable the NZCC to test written submissions received and advance its understanding of the key points of difference between submitters and the NZCC.
  Click here for more

Market behaviour

• Commerce Commission and Visa reach agreement to settle credit card interchange fee proceedings
  The NZCC has signed an agreement with the Visa International Service Association and Visa Worldwide Pty Limited settling the NZCC's claims against Visa over credit card interchange fees.
  Click here for more

Telecommunications

• Commerce Commission releases draft guidelines for the telecommunications sector
  The NZCC has released draft guidelines to provide greater clarity for the telecommunications industry on how the NZCC exercises its powers and functions under the Telecommunications Act.
  Click here for more

• Commerce Commission considers Court of Appeal decision
  The NZCC is studying a decision by the Court of Appeal, in a case it brought against Telecom Corporation of New Zealand Limited under section 36 of the Commerce Act. The Court of Appeal has turned down an appeal lodged by the NZCC against a High Court ruling in April 2008.
  Click here for more

• Commerce Commission warns of potential Commerce Act breach
  Information contained in a National Business Review article entitled Revealed: Vodafone's secret deal with 2degrees potentially breached a NZCC confidentiality order and section 100 of the Commerce Act.
  Click here for more

• Commerce Commission confirms confidentiality order
  The NZCC has confirmed that protection for confidential information under a confidentiality order in relation to commercial interconnection agreements provided by telecommunications companies for the NZCC's investigation into mobile termination rates will remain in place.
  Click here for more

Consumer issues

• Guidelines on carbon claims and the Fair Trading Act released
  The NZCC has released guidelines which inform businesses about their obligations surrounding carbon offset and neutrality claims and how they are affected by the Fair Trading Act.
  Click here for more

• Commerce Commission settles with pawnbroker over interest rate misrepresentations
  The NZCC has settled with an Invercargill based pawnbroker over breaches of the Credit Contracts and Consumer Finance Act and the Fair Trading Act.
  Click here for more

Australian Competition and Consumer Commission (ACCC)

ACCC MEDIA RELEASES

The ACCC has issued the following media releases:

Mergers and acquisitions

• ACCC approves phase-in of long term solution to Hunter Valley coal chain constraints
  The ACCC will grant conditional interim authorisation to Port Waratah Coal Services, the Newcastle Coal Infrastructure Group and the Newcastle Port Corporation to begin the phased implementation of arrangements to provide a long term solution to continuing capacity constraints in the Hunter Valley coal chain.
  Click here for more

• ACCC calls for comment on proposed plastic packaging acquisition
  The ACCC has released a Statement of Issues on the proposed acquisition by Pact Group Pty Ltd of certain assets of Huhtamaki Australia Pty Ltd.
  Click here for more

Market behaviour

• ACCC takes action against Emirates for alleged air freight price fixing
  As a result of its continued investigation into alleged price fixing in the air cargo industry, the ACCC has instituted proceedings in the Federal Court against Emirates. The ACCC alleges that between 2002 and 2006, Emirates entered into arrangements or understandings with other international air cargo carriers that had the purpose and effect of fixing the price of certain fuel surcharges, security surcharges and rates that were applied to air cargo carried by Emirates and other airlines. The ACCC alleges that the arrangements or understandings were reached in countries including Singapore, Indonesia, Hong Kong, United Arab Emirates and India.
  Click here for more

• ACCC proposes to allow union to represent SA milk vendors in distribution-contract negotiations
  The ACCC proposes to allow the Transport Workers Union of Australia SA/NT Branch to represent South Australian milk vendors in contract negotiations with dairy processors National Foods and Parmalat.
  Click here for more

• ACCC allows Tasmanian softwood sawlog joint venture arrangements
  The ACCC has accepted that the Softwood Tasmania Joint Venture arrangements provide greater access to capital resulting in the continued growth and development of Tasmanian forestry assets. The ACCC has granted authorisation for the arrangements for 10 years.
  Click here for more

• No Australia Post cross-subsidy: ACCC
  The ACCC issued its fourth report assessing if Australia Post's services were being cross subsidised in the 2007-08 financial year. The report establishes whether Australia Post's competitive services were being cross-subsidised with revenue from services over which the government provides Australia Post with a monopoly.
  Click here for more

• Alleged marine hose cartel
  Court proceedings against four foreign marine hose manufacturers for allegedly giving effect to a global cartel agreement in Australia are underway following the service of documents. The ACCC alleges that between 2000 and 2007 Bridgestone (Japan), Dunlop Oil & Marine (UK), Parker ITR (Italy) and Trelleborg (France) engaged in price fixing, market sharing and other anti-competitive conduct when supplying marine hose.
  Click here for more

• ACCC takes class action on behalf of Allphones franchisees
  The ACCC has instituted class action proceedings against Allphones Retail Pty Ltd and three individuals seeking damages on behalf of 74 eligible current and former Allphones franchisees. The action was begun under the Trade Practices Act 1974 for alleged breaches of section 51 AC of the Act, which prohibits unconscionable conduct. It is based, in part, on existing ACCC Federal Court proceedings against the same parties.
  Click here for more

Telecommunications

• ACCC institutes proceedings against Optus pre-paid phone card company
  The ACCC has instituted legal proceedings in the Federal Court, Perth, against Prepaid Services Pty Limited and Boost Tel Pty Limited for alleged contraventions of the consumer protection provisions of the Trade Practices Act 1974 in relation to the sale of their pre-paid phone cards.
  Click here for more

Access

• ACCC proposes improvements for grain port access arrangements
  The ACCC wants to ensure that exporters of Australian wheat are provided with fair and transparent access to grain ports used to export wheat. The ACCC has issued draft decisions stating that it will not accept the access arrangements proposed by port operators CBH, ABB and Graincorp in their current form.
  Click here for more

Consumer issues

• ACCC review of 40 cent discount on fuel
  The ACCC has reviewed the recent three day fuel discount promotions offered by the major supermarkets to assess whether they fall foul of the Trade Practices Act 1974. ACCC Petrol Commissioner Joe Dimasi said: "After considering the Coles and Woolworths discount schemes we have formed the view that these one-off promotions do not breach the Trade Practices Act."
  Click here for more

• Interlocutory injunctions against Ozdirect Online Brands, director over alleged misleading and deceptive conduct
  The ACCC has obtained interlocutory injunctions in the Sydney Federal Court against online retailer Ozdirect Online Brands Pty Ltd and its director, Paul Albright, over alleged misleading and deceptive conduct.
  Click here for more

• ACCC takes legal action against scratchie phone promotions
  The ACCC has instituted proceedings against Star Promotions Club Pty Ltd alleging breaches of the Trade Practices Act 1974 over the promotion of mobile premium services through scratch cards. The ACCC alleges that the scratch cards did not adequately disclose the nature and cost of participating.
  Click here for more

• Non-compliant trolley jacks withdrawn from sale
  Incorrectly labelled trolley jacks have been withdrawn from sale after ACCC intervention. "The ACCC has accepted court enforceable undertakings from R King Enterprises Pty Ltd, trading as Mocare (SA), after it supplied hydraulic trolley jacks that failed to comply with a mandatory product safety standard," ACCC deputy chairman Peter Kell said.
  Click here for more

• Order to display anti-smoking posters confirmed by Federal Court
  Darwin tobacconist Colin Thompson must display specified anti-smoking posters in his shop for three months, the Federal Court has confirmed. The court found Mr Thompson had breached court enforceable undertakings given to the ACCC in April.
  Click here for more

• ACCC focuses on lasting change in the supermarket sector
  ACCC chair Graeme Samuel called for a reality check in the debate around food inflation and the dominance of two players in the grocery market, when he addressed the National Retail Forum in Melbourne.
  Click here for more

• Harvey Fresh cheese not "fresh from the South West"
  The Federal Court has declared Harvey Fresh (1994) Limited misled consumers by falsely representing that two of its cheese products were produced in Western Australia.
  Click here for more

• Misleading Mitre 10 'storewide' sale
  Mitre 10 Australia Ltd has admitted that it engaged in misleading and deceptive conduct and made a false representation about the price of goods when it advertised its '20% off storewide' sale in February this year.
  Click here for more

• Recruitment company misled job seekers about training and jobs
  Australian Regional Employment Agencies Pty Ltd and its national recruitment manager Shreyas Narayana have admitted misleading job seekers over paid IT training courses run by Zanok Technologies Pty Ltd after ACCC intervention.
  Click here for more

Legislation round-up

The following is an overview of the status of all legislation promulgated during the period from 28 July 2009 to 18 August 2009 or currently before Parliament.

If you require any further information or advice on any of the legislation listed below, or would like our assistance with making a submission to a select committee on any bill, please contact your usual Bell Gully adviser.

New Acts

Act	Date Act is in force
Building Amendment Act 2009	Sections 7(2), 10 to 14, 18, 20 to 24, and 26 come into force 31 January 2010. Sections 5, 6, 7(1), 8, 9, 15 to 17, 19, 25, and 27 to 29 come into force on a date appointed by the Governor-General by Order in Council; and 1 or more Orders in Council may be made appointing different dates for different provisions. The rest of this Act comes into force on 1 August 2009.
Disputes Tribunal Amendment Act 2009	1 August 2009
Financial Advisers Amendment Act 2009	28 July 2009
Port Nicholson Block (Taranaki Whanui ki Te Upoko o Te Ika) Claims Settlement Act 2009	5 August 2009
Road User Charges Amendment Act 2009	11 August 2009
Securities (Disclosure) Amendment Act 2009	28 July 2009

 

New Regulations

Regulation	Date regulation is in force
Animal Welfare (Records and Statistics) Amendment Regulations 2009	10 September 2009
Biosecurity (Small Scale Organism Management) Amendment Order 2009	10 September 2009
Deposit Takers (Credit Ratings Minimum Threshold) Exemption Notice 2009	7 August 2009
Hawke's Bay Airport Bylaws Approval Order 2009	10 September 2009
Health Practitioners (Election of Members of Nursing Council of New Zealand) Regulations 2009	4 September 2009
Health Practitioners (Quality Assurance Activity – Royal Australasian College of Physicians Significant Incident Review) Notice 2009	7 August 2009
Health Sector Transfers (Hutt DHB) Order 2009	4 August 2009
Judicial Salaries, Allowances, and Superannuation (Court Martial Appeal Court and Court Martial) Determination 2009	1 July 2009
Land Information New Zealand (Fees and Charges) Amendment Regulations 2009	11 September 2009
Medicines Amendment Regulations 2009	7 August 2009
Overseas Investment Amendment Regulations (No 2) 2009	3 September 2009
Securities Act (Equity Partners Infrastructure Company No. 1 Limited) Exemption Notice 2009	14 August 2009
Securities Markets Act (New Zealand Post Limited Bonus Bonds) Exemptions Notice 2009	31 July 2009
Social Security (Long-term Residential Care) Amendment Regulations (No 3) 2009	31 July 2009
Takeovers Code (Life Pharmacy Limited) Exemption Notice 2009	31 July 2009
United Nations Sanctions (Democratic People's Republic of Korea) Amendment Regulations 2009	10 September 2009

 

New Bills

Bill	Date of introduction	Type of bill
Carter Observatory Act Repeal Bill	17 August 2009	Government
Crimes (Abolition of Defence of Provocation) Amendment Bill	30 July 2009	Member's
Employment Relations (Statutory Minimum Redundancy Entitlements) Amendment Bill	5 August 2009	Member's
Infrastructure Bill	5 August 2009	Government
International Non-Aggression and Lawful Use of Force Bill	30 July 2009	Member's
Social Security (Benefit Review and Appeal Reform) Amendment Bill	30 July 2009	Member's
Student Loan Scheme (Exemptions and Miscellaneous Provisions) Amendment Bill	4 August 2009	Government

 

Bills sent to select committees

Bill	Select Committee
Crimes (Provocation Repeal) Amendment Bill	Justice and Electoral Committee

 

Bills open for submissions

Bill	Select Committee	Closing date for submissions (2009)	Report due date
Cluster Munitions (Prohibition) Bill	Foreign Affairs, Defence and Trade Committee	10 September	28 January 2010
Inquiries Bill	Government Administration Committee	18 September	28 January 2010
Limitation Bill	Justice and Electoral Committee	4 September	4 February 2010
Motor Vehicle Sales Amendment Bill	Commerce	20 August	30 December 2009
Search and Surveillance Bill	Justice and Electoral Committee	18 September	4 February 2010
Sustainable Biofuel Bill	Local Government and Environment Committee	11 September	29 January 2010
Taxation (Consequential Rate Alignment and Remedial Matters) Bill	Finance and Expenditure Committee	25 August	16 November 2009

 

Bills waiting on report back from select committees

Bill	Select Committee	Report due (2009)
Anti-Money Laundering and Countering Financing of Terrorism Bill	Foreign Affairs, Defence and Trade	15 September
Aquaculture Legislation Amendment Bill (No 2)	Primary Production	24 August
Arms Amendment Bill (No 3)	Law and Order	26 February 2010
Corrections (Contract Management of Prisons) Amendment Bill	Law and Order	26 September
Education Amendment Bill	Education and Science	28 August
Franklin District Council (Contribution to Funding of Museums) Amendment Bill	Local Government and Environment	4 September
Land Transport (Enforcement Powers) Amendment Bill	Transport and Industrial Relations	10 September
Legal Services Amendment Bill	Justice and Electoral	2 October
Local Government (Auckland Council) Bill	Auckland Governance Legislation	4 September
Maori Commercial Aquaculture Claims Settlement (Regional Agreements) Amendment Bill	Maori Affairs	30 September
Marine Reserves Bill	Local Government and Environment	30 December 2010
Palmerston North Showgrounds Act Repeal Bill	Local Government and Environment	30 September
Patents Bill	Commerce	5 November
Privacy (Cross-border Information) Amendment Bill	Justice and Electoral	1 October
Private Security Personnel and Private Investigators Bill	Justice and Electoral	30 March 2010
Public Works (Offer Back of and Compensation for Acquired Land) Amendment Bill.	Local Government and Environment	17 December
Radio New Zealand Amendment Bill	Commerce	24 December
Reserves and Other Lands Disposal Bill	Primary Production	10 September
Residential Tenancies Amendment Bill	Social Services	5 October
Sale and Supply of Liquor and Liquor Enforcement Bill	Justice and Electoral	10 September
Sale of Liquor (Objections to Applications) Amendment Bill	Social Services	30 June 2010
Social Assistance (Payment of New Zealand Superannuation and Veterans Pension Overseas) Amendment Bill	Social Services	30 September
Trade Marks (International Treaties and Enforcement) Amendment Bill	Foreign Affairs, Defence and Trade	7 October
Unit Titles Bill	Social Services	5 September
Vehicle Confiscation and Seizure Bill	Transport and Industrial Relations	10 September
Waikato-Tainui Raupatu Claims (Waikato River) Settlement Bill	Māori Affairs	31 December

 

Bills waiting for second and/or third readings

Bill	Links to select committee reports/SOPs
Appropriation (2009/10 Estimates) Bill
Children, Young Persons and Their Families Amendment Bill (No 6)	Report of the Social Services Committee
Cultural Property (Protection in Armed Conflict) Bill	Report of the Government Administration Committee
Dog Control Amendment Bill (No 2)	Report of the Local Government and Environment Committee
Domestic Violence (Enhancing Safety) Bill	Report of the Justice and Electoral Committee
Insolvency Amendment Bill	Report of the Commerce Committee
Judicial Matters Bill	Report of the Justice and Electoral Committee
Oaths Modernisation Bill	SOP No.103
Public Health Bill	Report of the Health Committee
Rail Network Bill	Report of the Government Administration Committee
Regulatory Responsibility Bill	Report of the Commerce Committee
Resource Management (Simplifying and Streamlining) Amendment Bill	Report of the Local Government and Environment Committee
Serious Fraud Office (Abolition and Transitional Provisions) Bill	Report of the Law and Order Committee
Settlement Systems, Futures, and Emissions Units Bill	Report of the Commerce Committee
Taxation (International Taxation, Life Insurance, and Remedial Matters) Bill	Report of the Finance and Expenditure Committee
Therapeutic Products and Medicines Bill	Report of the Government Administration Committee
Trade (Safeguard Measures) Bill	Report of the Foreign Affairs, Defence and Trade Committee
Trustee Amendment Bill	Report of the Justice and Electoral Committee
Waka Umanga (Māori Corporations) Bill	Report of the Māori Affairs Committee
Whakarewarewa and Roto-a-Tamaheke Vesting Bill	Report of the Māori Affairs Committee